Accumulative Swing Index - ASI
Definition of 'Accumulative Swing Index - ASI'A indicator used by traders to gauge a security's long-term trend by comparing bars which contain its opening, closing, high and low prices throughout a specific period of time. When the ASI is positive, it suggests that the long-term trend will be higher, and when the ASI is negative, it suggests that the long-term trend will be lower.The ASI is often cited as being developed by Welles Wilder. |
|
Investopedia explains 'Accumulative Swing Index - ASI'While the ASI is most often used for futures trading, it can be used for analyzing the price trends of other assets as well. The ASI may be used in conjunction with price charts in order to confirm trendline breakouts, because the same trendline would be penetrated in both situations. |
Related Definitions
Articles Of Interest
-
Momentum And The Relative Strength Index
These two indicators can give the trader a better understanding of when to get in and out of an issue. -
Accumulative Swing Index And The McClellan Oscillator
These indicators serve as confirmation for those of us who need to double check our findings on a regular basis. -
Basics Of Technical Analysis
Learn how chartists analyze the price movements of the market. We'll introduce you to the most important concepts in this approach. -
Market Summary For May 17, 2013
The U.S. stock markets moved sharply higher this week, on track for its fourth straight week of gains, driven by ongoing improvements in economic indicators. -
Parabolic SAR Buy Signals
The Parabolic SAR indicator is flashing "buy" in these four diverse stocks. Not simply relying on one indicator though, I take a look at the overall technical outlook and determine which ones ... -
Market Summary for May 10 2013
Major U.S. indices moved higher this week but, given the new highs, traders should watch for retracements next week. -
Uncovering Oil And Gas Futures
Find out how to stay on top of data reports that could cause volatility in oil and gas markets. -
Buying The Upward Trend Channel Bounce
Find out how to set up the trades for four stocks that are moving higher within well-defined trend channels. -
Market Summary for May 3 2013
The U.S. stock market extended its rally higher this week, led by technology stocks and lagged by small-cap stocks. Traders should be watching a number of other reports due out next week. -
Trading Is Timing
Learn how to make gains even if you don't get in at the right time.
Free Annual Reports